Economic evaluation of interventions in health care

Citation

McFarland A (2014) Economic evaluation of interventions in health care. Nursing Standard, 29 (10), pp. 49-58. https://doi.org/10.7748/ns.29.10.49.e9315

Abstract
Economic evaluation is rapidly becoming an invaluable tool for healthcare decision making, especially in light of current pressures on health services to reduce costs and increase expenditure on health care. This article provides an overview of the main methods used for the economic evaluation of healthcare interventions, and their applications and limitations. It is intended as an introduction to the topic for readers with no background in economics, and can be used to review the basic concepts of economic evaluation in healthcare provision.

Keywords
management; resources; economic assessment; cost-benefit analysis; cost effectiveness; funding; resource management

Journal
Nursing Standard: Volume 29, Issue 10